Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Welspun One closes second AIF with a corpus of Rs.2,275-Cr
Welspun One Logistics Parks (WOLP), an integrated fund and development warehousing platform, has closed its second fund with a corpus of INR 2,275 crore, inclusive of co-investment commitments.The funds were raised from a pool of 800 limited partners, including high-net-worth and ultra-high-net-worth individuals, family offices, corporates and domestic institutions.Welspun One’s focus for the fund is on urban distribution centres, cold chain, agro logistics, and port and airport-based logistics.The fund has already committed 40% of its investable capital across four investments and anticipates committing the rest of the funds over the next 3-4 quarters. This will add 8 million sq ft to Welspun One’s existing portfolio of 10 msf.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.